Question

In case of those goods elasticity of demand is zero.

a] Normal good b) necessities c) comforts d] luxuries
Option:- 1] and c 2] only b 3] only d 4] c and d​

Answer 1

Answer:

A

Explanation:

For independent goods, the cross-price elasticity of demand is zero: the change in the price of one good with not be reflected in the quantity demanded of the other. Independent: Two goods that are independent have a zero cross elasticity of demand: as the price of good Y rises, the demand for good X stays constant.